Surging oil prices, rising vol and dollar flight triggered stop-outs of emerging market positions, say dealers ...

Stark differences emerge between onshore and offshore pricing during macroeconomic news events, finds LMAX Group’s head of ...

Citi was the top US dealer for foreign exchange trading revenues in 2025 on the back of increased client hedging demand, according to regulatory filings. The bank generated revenues of $7.9 billion ...

The People’s Bank of China is to scrap its reserve ratio for foreign exchange forwards sales in an apparent effort to curb yuan appreciation, shortly after it set its reference rate for the currency ...

It’s quite spectacular that CME futures’ temporary closure caused market spreads to balloon out by 2-4 times compared to ...

The BIS Triennial Survey headline for April 2025 is something that has been widely publicised and talked about: global over-the counter FX turnover reached roughly $9.6 trillion per day. This headline ...

In the fast-paced world of spot foreign exchange trading, dealers send a constant stream of prices to some of the most active market participants directly. And in most cases, clients secure the best ...

The Chinese renminbi was only a few years ago considered among the most actively traded currencies in foreign exchange options. But volumes have collapsed over the past year, as the People’s Bank of ...

Dealer-backed FXSpotStream is set to move into the US Treasury market by launching a new fixed income trading platform supporting direct, streaming-based liquidity between dealers and hedge funds. The ...

Central bankers in Asia have intervened or are closely monitoring market developments stemming from the outbreak of conflict in the Middle East. The US and Israel on February 28 launched a ...

Three characters are causing a crisis of confidence among back-office staff at UK and European banks, brokers and investment firms: T+1. After laying out a roadmap for next year’s switch to ...

The November 28 failure of a Chicago data centre that knocked out CME Group’s foreign exchange venues for roughly 11 hours exposed the reliance of the market – particularly non-bank market-makers – on ...